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Wednesday, 04 March 09
COAL: GLOBAL DEMAND WEAKENS


The Jakarta Post reported that, While coal prices were stickier on the way down compared to other commodities like oil, the Newcastle price now suggests coal prices have begun to play catch-up, following trends in oil prices down by 14 percent week-on-week and 21 percent since the start of the year to US$65.32 per ton.

These time-lagged price movements should only be temporary and are caused mostly by the carried over impact of completed contracts.

The recent plunge in coal prices have been caused by the build-up of Australian metallurgical coal supplies, entering the global thermal coal market, hence intensifying competition further.

To read more click
The Jakarta Post  



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Sunday, 01 July 12
DSP OF SGX ASIACLEAR OTC COAL SWAP'S THIS WEEKS MOVEMENTS SLIGHTLY POSITIVE
COALspot.com - SGX AsiaClear OTC Coal Swaps have recovered slightly this week and Q4 deliveries are also showing positive direction. SGX’s ...


Saturday, 30 June 12
THE FREIGHT RATES ARE EXPECTED TO BE STEADY TO FIRM NEXT WEEK - VISTAAR SINGAPORE
COALspot.com – The  BDI was up by 2.66 pct (up by 26 points) closing at 1,004 points crossing the 1000 point barrier this week. The c ...


Friday, 29 June 12
INDONESIAN PRODUCERS ARE PLANNING TO CUT PRODUCTION IF COAL PRICES FALL FURTHER
COALspot.com: Indonesia, the world largest multi grade coal exporter, shipped  31.54* million tons of coal in May 2012, compared to 31.86* mill ...


Friday, 29 June 12
DRY BULK SHIP OWNERS DOING THEIR MATHS BEFORE PLACING NEWBUILDING ORDERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
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Thursday, 28 June 12
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The dry bulk market inched a bit higher yesterday, as the BDI (Baltic Dry Index) ended up by 0.71% to 988 points. Most ship types were up, with the ...


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